FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 05/17/2007 |
3. Issuer Name and Ticker or Trading Symbol
PLUG POWER INC [ PLUG ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 20,468(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Options to Purchase | (2) | 10/01/2007 | Common Stock | 3,000 | $1 | D | |
Options to Purchase | (3) | 02/27/2008 | Common Stock | 3,200 | $1 | D | |
Options to Purchase | (4) | 01/18/2009 | Common Stock | 6,800 | $5 | D | |
Options to Purchase | (5) | 11/14/2011 | Common Stock | 3,500 | $8.53 | D | |
Options to Purchase | (6) | 12/22/2013 | Common Stock | 10,000 | $6.73 | D | |
Options to Purchase | (7) | 11/15/2014 | Common Stock | 15,000 | $5.97 | D | |
Options to Purchase | (8) | 01/28/2015 | Common Stock | 15,000 | $5.39 | D | |
Options to Purchase | (9) | 02/01/2016 | Common Stock | 15,000 | $5.58 | D | |
Options to Purchase | (10) | 02/14/2017 | Common Stock | 20,000 | $3.75 | D |
Explanation of Responses: |
1. Consists of 10,467 shares of Plug Power common stock which is fully vested; also includes 5,000 restricted shares of Plug Power common stock which vest on 2/1/2008 and 5,001 shares which vest on 2/1/2009. Prior to vesting, the shares are subject to forfeiture in the event that Mr. Bucknam's employment with the company is terminated. |
2. Consists of options to acquire common stock granted on 10/1/1997, all of which are exercisable. |
3. Consists of options to acquire common stock granted on 2/27/1998, all of which are exercisable. |
4. Consists of options to acquire common stock granted on 1/18/1999, all of which are exercisable. |
5. Consists of options to acquire common stock granted on 11/14/2001, all of which are exercisable. |
6. Consists of options to acquire common stock granted on 12/22/2003, all of which are exercisable. |
7. Consists of options to acquire common stock granted on 11/15/2004, with respect to which 9,999 are exercisable and 5,001 shares become exercisable on 11/15/2007. |
8. Consists of options to acquire common stock granted on 1/28/2005, with respect to which 9,999 are exercisable; 5,001 shares become exercisable on 1/28/2008. |
9. Consists of options to acquire common stock granted on 2/1/2006, with respect to which 4,999 are exercisable; 5,000 become exercisable on 2/1/2008 and 5,001 become exercisable on 2/1/2009. |
10. Consists of options to acquire common stock granted on 2/14/2007 of which 6,666 shares become exercisable on 2/14/2008; 6,666 shares become exercisable on 2/14/2009; 6,668 shares become exersiable on 2/14/2010. |
/s/ Gerard L. Conway, Jr., Attorney in Fact | 06/04/2007 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |